SEGRO Plc (LON:SGRO) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of SEGRO Plc (LON:SGRO) have been assigned an average rating of “Moderate Buy” from the six ratings firms that are presently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a hold rating and five have issued a buy rating on the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is GBX 982 ($12.42).

Several analysts recently commented on the stock. Jefferies Financial Group restated a “buy” rating and set a GBX 1,042 ($13.18) price target on shares of SEGRO in a report on Thursday, April 18th. HSBC upgraded shares of SEGRO to a “buy” rating and set a GBX 964 ($12.19) price target for the company in a report on Thursday, March 21st. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of SEGRO in a research report on Wednesday, April 10th. Barclays raised shares of SEGRO to an “overweight” rating in a research report on Wednesday, April 3rd. Finally, Shore Capital reaffirmed a “buy” rating on shares of SEGRO in a research report on Thursday, April 11th.

Insider Activity

In other news, insider David J. R. Sleath sold 108,420 shares of SEGRO stock in a transaction that occurred on Wednesday, May 29th. The shares were sold at an average price of GBX 893 ($11.30), for a total value of £968,190.60 ($1,224,627.62). In other news, insider David J. R. Sleath sold 108,420 shares of SEGRO stock in a transaction that occurred on Wednesday, May 29th. The shares were sold at an average price of GBX 893 ($11.30), for a total value of £968,190.60 ($1,224,627.62). Also, insider Soumen Das purchased 408 shares of the company’s stock in a transaction dated Friday, May 10th. The stock was purchased at an average cost of GBX 882 ($11.16) per share, for a total transaction of £3,598.56 ($4,551.68). Insiders own 0.25% of the company’s stock.

SEGRO Stock Down 0.8 %

SEGRO stock opened at GBX 891 ($11.27) on Tuesday. The stock has a market cap of £12.03 billion, a price-to-earnings ratio of -4,242.86, a PEG ratio of 2.12 and a beta of 0.75. The company has a current ratio of 0.88, a quick ratio of 0.62 and a debt-to-equity ratio of 50.61. The company’s 50-day moving average price is GBX 895.78 and its two-hundred day moving average price is GBX 876.80. SEGRO has a 52 week low of GBX 675 ($8.54) and a 52 week high of GBX 944.80 ($11.95).

About SEGRO

SEGRO is a UK Real Estate Investment Trust (REIT), listed on the London Stock Exchange and Euronext Paris, and is a leading owner, manager and developer of modern warehouses and industrial property. It owns or manages 10.4 million square metres of space (112 million square feet) valued at £20.7 billion serving customers from a wide range of industry sectors.